Forsa Egypt is a Mobile application and website that provides financial services and is one of the best installment companies in Egypt that offers installment payment services on the longest payment period, so you can buy now and pay later. Forsa offers the best stores to buy mobiles in installment, car maintenance in installment, electronic and electrical appliances in installment, outfits in installment, and jewelry and accessories in installment.
FORSA is one of the world’s most popular and loved online payment systems
In this article, you will be going to know about:
- Supported Regions
- Activation Requirements
- What are the payment features that FORSA supports?
- How to activate it?
- FORSA Payment Workflow
- The Settlement Flow
- The Refund Process Flow
Supported Regions
Merchants in Egypt can enable valU as an APM directly by raising a request to [email protected] along with your merchant id.
Activation Requirements
As a merchant, you need to have the following requirements:
- Active account on PayTabs. To know more about how to create an account on PayTabs and what the requirements check our What are the required KYC documents to activate/open my account on PayTabs? solution article.
- Transaction type: Sales only ( check what's transaction type )
- Currencies supported: EGP.
How to activate it?
Merchant account must be active in PayTabs and have an active FORSA terminal.
Merchants in Egypt can enable this payment method as an APM directly by raising a request to [email protected] along with your merchant ID.
FORSA Payment Workflow (User Experience)
FORSA payment method is hosted by PayTabs, which means that it will be managed and processed on our side. You can have the same page embedded in your checkout page by following our How to not redirect my customers to an external payment page? (iFrame/Embedded Mode) solution article.
Using the FORSA payment method (via one of our integration methods listed in our How to integrate with PayTabs? solution article), when the cardholder proceeds to checkout on the merchant side, they will be redirected to the PayTabs hosted payment page to provide his phone number to complete the payment as shown below:
Once the customer redirected to the payment page he/she will pick FORSA as below.
Then customer will be required to enter his details in order to procced to the next step.
After that, the customer can see an option for a downpayment: EGP 100 (must be less than the cart amount) with the minimum transaction amount is 50EGP.
Then the customer can pick the tenures that suit his needs from 6 months to 61 months.
Then will wait for the OTP sent by FORSA to confirm the transaction.
Final step the confirmation that the payment is successful.
Transactions that have been paid through ValU will be tagged in the payment method in the transaction detail window as shown below.
The Settlement Flow
Please note that settlement happens from FORSA directly and the SLA for it is 21 Working Days
The Refund Process Flow
Please note that the REFUND happens from the FORSA dashboard once your live a credentials will be shared with you for FORSA dashboard to refund from it